Jose M. Gutierrez - 16 Jan 2026 Form 4 Insider Report for DENNY'S Corp (DENN)

Reporting relationship: Director
Issuer ticker: DENN
Reported as of: 16 Jan 2026
Net transaction value: -$1,059,894
SEC form: 4
Accepted by SEC: 20 Jan 2026, 17:32:54 UTC
Prior SEC filing: 06 Jan 2026
Next SEC filing: 12 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Gail Sharps Myers, Attorney-in-Fact

Key filing fact

Jose M. Gutierrez filed Form 4 for DENNY'S Corp (DENN) on 20 Jan 2026.

Key facts

This page summarizes Jose M. Gutierrez's Form 4 filing for DENNY'S Corp (DENN).
16 reported transactions and 13 derivative rows are listed below.
Accepted by SEC: 20 Jan 2026, 17:32.

Change

Previous filing in this sequence was filed on 06 Jan 2026.
Current net transaction value: -$1,059,894.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001257702 Primary reporting owner

GUTIERREZ JOSE M

Relationship: Director
Address: DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG
Signature: /s/ Gail Sharps Myers, Attorney-in-Fact
Signature date: 20 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DENN transaction

Common Stock

Disposed to Issuer

Transaction value: $474,025
Shares: -75,844
Change %: -100%
Price: $6.25
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1

DENN transaction

Common Stock

Options Exercise

Transaction value
Shares: +93,739
Change %
Price
Shares after: 93,739
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F2

DENN transaction

Common Stock

Disposed to Issuer

Transaction value: $585,869
Shares: -93,739
Change %: -100%
Price: $6.25
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -8,888
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,888
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -3,324
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,324
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -12,438
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,438
Exercise price
Footnotes: F1, F2, F3, F5

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -3,278
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,278
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -3,069
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,069
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -2,782
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,782
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -3,110
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,110
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -11,450
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,450
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -3,067
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,067
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -2,821
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,821
Exercise price
Footnotes: F1, F2, F3, F4

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -8,306
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,306
Exercise price
Footnotes: F1, F2, F3, F5

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -6,431
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,431
Exercise price
Footnotes: F1, F2, F3, F5

DENN transaction Derivative

Deferred Stock Units

Options Exercise

Transaction value: $0
Shares: -24,775
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,775
Exercise price
Footnotes: F1, F2, F3, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jose M. Gutierrez is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

On January 16, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 3, 2025, by and among Denny's Corporation (the "Issuer"), a Delaware corporation, Sparkle Topco Corp., a Delaware corporation (the "Buyer") and Sparkle Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Buyer ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned, indirect subsidiary of Buyer. Immediately prior to the effective time of the Merger (the "Effective Time"), shares of the Issuers common stock held by the Reporting Person were converted into the right to receive a cash payment equal to the per share merger consideration of $6.25 (the "Merger Consideration"), without interest and subject to applicable withholding taxes.

Footnote F2

Pursuant to the Merger Agreement, immediately prior to the Effective Time, each outstanding restricted stock unit ("RSUs") award, including deferred stock units ("DSUs"), was cancelled and terminated and converted into a right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product obtained by multiplying (x) the aggregate number of shares of the Issuer's common stock underlying such RSU award by (y) the Merger Consideration.

Footnote F3

Each DSU represents the equivalent of one share of common stock of the Issuer.

Footnote F4

These DSUs, which were granted under the Denny's Corporation's respective Omnibus Incentive Plan, vested on their respective date of grant.

Footnote F5

These DSUs, which were granted under the Denny's Corporation's respective Omnibus Incentive Plan, vested on the first anniversary of their respective date of grant.

Footnote F6

These DSUs, which were granted under the Denny's Corporation's respective Omnibus Incentive Plan, vested on January 16, 2026, the closing date of the Merger.